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Automotive

Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles

Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles

Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehicles. The Austin, Texas, company said it made $1.
Rideshare platform Uber expands to Newfoundland and Labrador

Rideshare platform Uber expands to Newfoundland and Labrador

ST. JOHN'S, N.L. — Uber Technologies Inc. says it has brought its ridesharing platform to Newfoundland and Labrador. The U.S. tech company says its services will be available throughout the Avalon Peninsula with St.
General Motors reports strong first-quarter profits as prices help offset small US sales dip

General Motors reports strong first-quarter profits as prices help offset small US sales dip

DETROIT (AP) — Despite a small dip in U.S. vehicle sales, General Motors' first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles.
America’s child care crisis is holding back moms without college degrees

America’s child care crisis is holding back moms without college degrees

AUBURN, Wash. (AP) — After a series of lower-paying jobs, Nicole Slemp finally landed one she loved.
Stock market today: Wall Street climbs to kick off a big week for earnings reports

Stock market today: Wall Street climbs to kick off a big week for earnings reports

NEW YORK (AP) — U.S. stocks climbed Monday and clawed back a chunk of their losses from last week, which was the worst for the S&P 500 in more than a year. The S&P 500 rose 0.9% to recover more than a quarter of last week’s rout.
Tennessee's GOP governor says Volkswagen plant workers made a mistake in union vote

Tennessee's GOP governor says Volkswagen plant workers made a mistake in union vote

GALLATIN, Tenn. (AP) — Tennessee Republican Gov.
Honda to build electric vehicles and battery plant in Ontario, sources say

Honda to build electric vehicles and battery plant in Ontario, sources say

TORONTO — Honda Canada is set to build an electric vehicle battery plant near its auto manufacturing facility in Alliston, Ont., where it also plans to produce fully electric vehicles, The 91Ô­´´ Press has learned.
Critics question Liberals' falling cellphone price claims, budget promises

Critics question Liberals' falling cellphone price claims, budget promises

As the federal government touts measures meant to curb the cost of 91Ô­´´s' cellphone bills, some say there is a disconnect between what consumers are paying and the rhetoric surrounding price declines.
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South

Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South

DALLAS (AP) — The United Auto Workers' overwhelming election victory at a Volkswagen plant in Tennessee is giving the union hope that it can make broader inroads in the South, the least unionized part of the country.
Tennessee Volkswagen employees overwhelmingly vote to join United Auto Workers union

Tennessee Volkswagen employees overwhelmingly vote to join United Auto Workers union

CHATTANOOGA, Tenn. (AP) — Employees at a Volkswagen factory in Chattanooga, Tennessee, overwhelmingly voted to join the United Auto Workers union Friday in a historic first test of the UAW’s renewed effort to organize nonunion factories.